Other Gains Losses (Historical) Formula in Excel

Understanding Other Gains Losses (Historical)

Other Gains Losses (Historical) is a powerful Excel formula (via MarketXLS) that returns a company's nonrecurring gains or losses in a given year or quarter. These profits or losses typically arise from one-off transactions not related to the core business, making this metric helpful for:

• Identifying unusual spikes or dips in earnings.
• Evaluating the stability of an organization’s financial performance.
• Adjusting financial analysis for cleaner valuations.

? Pro Tip: Use this function to spot red flags or positive exceptions in quarterly and yearly results that might otherwise distort an evaluation of a company’s ongoing performance.

Syntax and Parameters

=hf_Other_Gains_Losses(Symbol, year, [quarter], [TTM])

Return Value

• Returns a numeric value representing nonrecurring gains or losses for the specified period.
• If invalid inputs are provided, the function returns "NA."

?? Note: This function relies on MarketXLS historical fundamentals data. Ensure your MarketXLS license supports this feature; otherwise, it may return "NA."

Error Handling, Special Cases, and Performance

• If the symbol is invalid or the license is not recognized, the function outputs "NA."
• Passing an incorrect parameter format (e.g., year as text that is not understood by the function) also yields "NA."
• Performance is generally fast, but network delays may apply if data is retrieved from remote APIs.

Examples and Usage

1. Using straightforward parameters for a stock symbol:

   =hf_Other_Gains_Losses("MSFT", 2022)

   Retrieves other gains/losses for Microsoft in 2022.

2. Specifying a quarter:

   =hf_Other_Gains_Losses("MSFT", 2022, 2)

   Returns the other gains/losses for the second quarter of 2022.

3. Trailing Twelve Months (TTM):

   =hf_Other_Gains_Losses("MSFT", 2022, 3, "TTM")

   Returns the trailing twelve months’ other gains/losses from Q3 2022.

4. Utilizing shortcuts for last quarter and last year:

   =hf_Other_Gains_Losses("MSFT", "lq")
   =hf_Other_Gains_Losses("MSFT", "ly")

   Retrieves the most recent quarter’s data and the most recent year’s data, respectively.

Symbol Formats

• Regular stocks:

  =hf_Other_Gains_Losses("MSFT", 2022)

• Indices:

  =hf_Other_Gains_Losses("^SPX", 2022)

• Options:

  =hf_Other_Gains_Losses("@MSFT 110122C00020000", 2022)

• Crypto:

  =hf_Other_Gains_Losses("BTCUSD:DEFAULT", 2022)

Date Inputs

Although this function typically uses a year (and optional quarter), you can reference various cell entries or year-based reasonings: • Cell reference for the year: =hf_Other_Gains_Losses("MSFT", A1)
• Direct numeric year input: =hf_Other_Gains_Losses("MSFT", 2024)
• Using Excel date functions (treated as a string year, if applicable): =hf_Other_Gains_Losses("MSFT", TEXT(A1,"yyyy"))

Common Questions

Why does the function return "NA"?

1. The symbol may be invalid or unsupported.
2. Your MarketXLS plan may not cover historical fundamentals data.
3. Incorrect parameter types (e.g., invalid quarter or year format).

Can I use this for real-time analysis or only historical data?

This function is designed for historical data. For real-time metrics, consider using other MarketXLS functions specialized for live quotes or fundamental data.

When should I use "lq", "lq-1", "ly", or "lt"?

• "lq" retrieves the most recently reported quarter.
• "lq-1" goes one quarter further back.
• "ly" fetches the last reported year.
• "lt" pulls trailing twelve-month data for the most recent quarter.

Are there related formulas for other fundamentals?

Yes. You can use:

• Revenue (Historical)
• Cost Of Revenue (Historical)
• Gross Profit (Historical)
• R & D Expenses (Historical)
• Selling General and Administrative Expense (Historical)

These functions help create a thorough insight into a company’s historical performance.

? Pro Tip: Combine multiple MarketXLS historical formulas to generate a comprehensive financial analysis dashboard in Excel.